China PBoC Interest Rate Decision in line with forecasts (3%)

Nov 20, 2025

PBOC leaves Loan Prime Rates unchanged in November

The People’s Bank of China (PBOC), China's central bank, announced to leave its Loan Prime Rates (LPRs) unchanged on Thursday. The one-year and five-year LPRs were at 3.00% and 3.50%, respectively.

NZD/USD holds positive ground above 0.5600 as PBOC holds rates

The NZD/USD pair recovers some lost ground around 0.5605 during the early European session on Thursday. The upside for the pair might be limited, as the imminent rate cut from the Reserve Bank of New Zealand (RBNZ) could weigh on the New Zealand (NZD) against the US Dollar (USD).